vs Tyro
Faster than the banks. Still card-shaped.
Tyro is the fastest of the Aussie card acquirers. But you're still on a leased terminal, paying card rates, on hours that aren't yours. Point of Sol drops the terminal and the percentage.
tyro · au
card terminal + acquirer
settlement
T+1next business day
Faster than legacy acquirers — still not real-time.
cost per swipe
0.85–2.5%+ ~10¢
EFTPOS cheap, scheme cards higher, Amex highest.
terminal
leasedfrom $30 / month
Plus chargeable replacements and printer paper.
point of sol
payouts via npp · payid
settlement
~400 ms
Final on-chain before the receipt prints.
cost per swipe
< $0.001flat
Network fee. No swipe fee.
terminal
the phoneyou already own
Bring any iOS or Android device. No leases.
also
tyro
point of sol
Hardware
tyroTyro Pro / Mobile / Go
posAny phone or tablet
Onboarding
tyroBank-style approval + KYC
posScan a QR. Done.
Currency
tyroLocal fiat only
posStablecoins, SOL, any SPL token
Payouts
tyroT+1 to your linked bank
posSame-day via NPP / PayID
Cross-border
tyroDomestic only
posSame speed, anywhere
Lock-in
tyroTerminal lease + acquirer contract
posCancel anytime
Hours
tyro24/7 processing
pos24 / 7 / 365
the bottom line
Tyro is the best card terminal in Australia. But it's still a leased plastic box charging you a percentage. Point of Sol turns the device in your pocket into a same-day-payout terminal.